News Room

Recent News

10/13/2016 - In a pair of recent opinions in Becker v. The Bank of New York Mellon Trust Company, N.A., et al., Judge Legrome D. Davis of the United States District Court of the Eastern District of Pennsylvania, certified the proposed class and refused to revisit his March 2016 rulings on the parties’ competing motions for summary judgment.

8/30/2016 - Barrack, Rodos & Bacine filed a complaint in the U.S. District Court for the Southern District of New York against Valeant Pharmaceuticals International Inc., Andrew Davenport, who had been chief executive of the specialty pharmacy Philidor RX Services LLC, and Matthew Davenport, who allegedly held himself out as Philidor’s CEO in documents filed with the California State Board of Pharmacy.

8/26/2016 - In a securities class action against First NBC Bank Holding Company and its senior executives, Judge Kurt D. Engelhardt of the U.S. District Court for the Eastern District of Louisiana appointed an Institutional Investor Group— consisting of BR&B client Oakland County Employees’ Retirement System and Voluntary Employees’ Benefit Association, Plymouth County Retirement System, and BR&B client Central Laborers’ Pension Fund— as the lead plaintiff and appointed BR&B as the sole lead counsel for the case.

7/19/2016 - Barrack, Rodos & Bacine announces that it has filed a lawsuit in the Delaware Court of Chancery alleging that Lions Gate’s proposed acquisition of Starz has been orchestrated by John Malone, the billionaire titan and controller of Liberty Global Media, to ensure his profit and domination of both companies at the expense of Starz Series A shareholders.

3/28/2016 - Barrack, Rodos & Bacine announces that is has filed a lawsuit in the United States District Court for the District of New Jersey alleging violations of Section 14(a) of the Securities Exchange Act of 1934 (“Section 14(a)”) by Cape Bancorp, Inc. (“CBNJ”) and its board of directors in a proxy statement disseminated to shareholders in connection with the proposed sale of the Company to OceanFirst Financial Corporation (“OceanFirst”).

3/23/2016 - Judge Legrome D. Davis of the United States District Court for the Eastern District of Pennsylvania granted in part the plaintiff bondholders’ motion for summary judgment in Becker v. The Bank of New York Mellon Trust Company, N.A., et al., No. 11-6460 (E.D.

3/10/2016 - Barrack, Rodos & Bacine announces that is has filed a class action lawsuit in the Court of Common Pleas for Philadelphia County on behalf of the public stockholders of Checkpoint Systems, Inc., against the company’s board of directors for breaches of fiduciary duty arising of the proposed sale of the company to CCL Industries, Inc. The complaint alleges that the consideration offered to Checkpoint shareholders in connection with the proposed merger significantly undervalues Checkpoint. Indeed, one of Checkpoint’s largest shareholders, North Star Partners LLC, sent the compan